MINERAL WELLS CENTER OF LIFE

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

WILLIAM EUDY

Phone

9403278700

Tax Period

2023-01-01 to 2023-12-31

MINERAL WELLS CENTER OF LIFE, founded in 2011, is a small nonprofit in the Religion sector that reported $459K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $422K left a modest 8% surplus.

Mission

TO ASSIST PEOPLE IN BREAKING THE CYCLE OF POVERTY AND EMERGING INTO A MORE INDEPENDENT LIFE THROUGH FAITH, EDUCATION AND MENTORING.

Program Service Accomplishments

Program 1

Expenses: $90,552 Revenue: $10,013

EDUCATIONAL AND MENTORING PROGRAMS (SUPPORT GROUPS; CLASSES FOR GED, ADULT LITERACY,COMPUTER SKILLS, ETC.)

Program 2

Expenses: $330,840

PROVIDE FOOD AND SUPPLIES FOR STRUGGLING INDIVIDUALS AND FAMILIES, INCLUDING FINANCIAL ASSISTANCE FOR ESSENTIAL LIVING EXPENSES (UTILITIES, MEDICAL, HOUSING, ETC.)

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $221,961

Program Service Revenue $10,013

Investment Income $215

Other Revenue $227,228

TOTAL REVENUE $459,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,943

Fundraising Expenses $0

Program Expenses $421,392

Other Expenses $261,854

TOTAL EXPENSES $421,797

Year-over-Year Comparison

	2023	2022	Change
Revenue	$459,417	$343,255	+0.3%
Expenses	$421,797	$345,037	+0.2%
Net Income	$37,620	$-1,782	-22.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

796

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARILYN BRADSHAW	DIRECTOR	1.00	Director	$0	$0	$0
JOY EATON	SECRETARY	1.00	Director	$0	$0	$0
WILLIAM EUDY	PRESIDENT	1.00	Director	$0	$0	$0
TOM GREENE	DIRECTOR	1.00	Director	$0	$0	$0
TONY HERNANDEZ	VICE PRESIDE	1.00	Director	$0	$0	$0
STACY MAPLES	TREASURER	1.00	Director	$0	$0	$0
KAREN MORI	DIRECTOR	1.00	Director	$0	$0	$0
CARLA HAY PERDUE	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$459,417	$421,797	$303,273	$37,620
2022	$343,255	$345,037	$782,965	$-1,782
2021	$289,598	$278,136	$319,363	$11,462
2020	$286,536	$264,663	$288,423	$21,873
2019	$266,999	$473,450	$273,538	$-206,451